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Wednesday, January 15, 2014

Use Sales, Closeouts and Clearance to Save Money and Pay Off Credit Card Debt Fast

You can save money by shopping for items when stores are having
clearance sales. This is one way to leave more cash available for paying
off credit card debt and other loans that you might have.

Many
people have the goal of clearing their outstanding debt. This would
leave them with more cash free to use for investment or to meet other
goals, such as saving for retirement or even taking a vacation in their own country. While debt exists, it eats away at your ability to save for the future by generating interest.

Sale-via Wikimedia, PD

It
is not unheard of for $3,000 worth of debt to generate as much as $840
worth of interest over the course of one year. This is why it is so
difficult for people to clear credit card debt sometimes. If you can
only manage to pay the minimum balance, you will make very little
headway in clearing your debt.

You
can get almost everything you need for your home at a sale. Some sales
allow you to save more than others. Never show at a sale without
comparing prices first. You may find that the items you are seeing on
sale can be beaten by another store, even though the other store has not
discounted any of its items.

You can take advantage of sales to get low prices on furniture, textbooks for kids and adults, work clothes, sports gear
and much more. Stores that operate online sometimes have closeout
sections where you can find low prices all the time. These give you the
opportunity to find essential items and the occasional gift at a price
that you can afford.

Here are just a few of the things you can save money on by using sales, closeouts and clearance: 1. Dishes 2. Jackets 3. Pens 4. Hair color for home (semi permanent dye) 5. Frozen meats

By
looking around online and offline you can get a deal on almost
everything that you require. This allows you to put more money towards
your credit card payments. Check out Natalie Pace’s book The ABCs of Money for useful advice on finance and clearing debt.

Disclaimer: The
link to “The ABCs of Money” is an affiliate link and I will earn from
any sales of Natalie Pace's books which are generated through it.
However The ABCs of Money is completely free on Amazon Kindle, so you can read it for free, as I did.